Complacency
Essays

Money changes all the iron rules into rubber bands."

Implementing Acquisition Reform: A Case Study on Joint Direct Attack Munitions - July 1998

Women have an important role to play in peacekeeping and resolving societal conflicts. After all, in their traditional roles, women are already expected to negotiate agreements within families, as heads of households,…

Catherine Clinton's biography "Harriet Tubman: The Road to Freedom" is considered one of the best and most comprehensive biographies on Harriet Tubman's life. Considered by many to be the American "Black Moses," the…

Each person is a witness to history in the making as the events of the world unfold each day. Some of the events will stand as remarkable over the course of a person's life, and some will take on a significance that is…

Health Care -- Strategic Planning and Marketing

In the business world today, the focus has increasingly been on employee well-being. The reason for this is the changing view of the employee as a person with needs rather than only an automaton to complete a certain…

World is Flat: a Brief History of the Twenty-First Century, New York Times columnist discusses the impact that globalization has had on the world economy. However, Friedman does not discuss the increasing interlock of…

In regards to the overall business environment, capital structure has profound implications of the business, irrespective of its industry. For one, a firm's capital structure is then the composition or 'structure' of its liabilities. For example, a firm that sells $40 billion in equity and $160 billion in debt is said to be 20% equity-financed and 80% debt-financed. The firm's ratio of debt to total financing, 80% in this example is referred to as the firm's leverage. This leverage has implications on the entire firm. For example, leverage in many respects is a double edges sword. On one hand, leverage can amplify gains for firms. However, if used incorrectly, leverage can also amplify loses. As such, firms must be cognizant of its capital structure as complacency can hinder overall business performance. Debt and equity financing, can have a profound implications on the business overall. In particular, prevailing interest rates can better determine adequate means of debt or equity financing.

To gain from past experiences in real-world setting, this paper provides a review of the relevant peer-reviewed and scholarly literature to identify timely and salient lessons learned for emergency management professionals following the devastation caused by Hurricane Katrina in 2005. An analysis of the various lessons that were learned is followed by a summary of the research and important findings concerning these lesson learned in the conclusion.